3. \*\*Lessee’s Reaffirmation\*\*. Lessee hereby further unconditionally and irrevocably reaffirms all of its acknowledgments, grants, waivers, assurances and other agreements in the Lease and the other Lease Documents; and without limiting any of the same, (a) it hereby acknowledges and agrees that it is leasing the Aircraft from Lessor \*\*“AS-IS” and “WHERE-IS”\*\* and \*\*“WITH ALL FAULTS”\*\* , and that the Lease is and shall be deemed to be a \*\*“finance lease”\*\* under UCC Article 2A; and (b) it hereby reaffirms its grants, pledges and assignments to Lessor pursuant to the Lease Documents (including Section 11.3 of the Lease) in, against and with respect to all of the collateral described therein.



\*\*[Signature on Next Page]\*\*



SUPP-1





\*\*IN WITNESS WHEREOF\*\* , Lessee has caused this Lease Supplement to be duly
executed by its officer thereunto duly authorized.



 | \*\*GALILEE 1 SPV LLC\*\* 
---|--- 
 | 
 | By: | /s/ George Murnane 
 | Name: George Murnane 
 | Title: President 
 


\*\*This is Counterpart No. 1 of a total of 2 counterparts. Only Counterpart
No. 1 shall be considered chattel paper for purposes of the Uniform Commercial
Code and a security interest may be perfected only by possession of
Counterpart No. 1.\*\*



[EXECUTION PAGE OF LEASE SUPPLEMENT]